Supreme Logistics Transport Ltd - Abbreviated accounts 16.3
Supreme Logistics Transport Ltd - Abbreviated accounts 16.3
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts |
| for the Year Ended 31 May 2016 |
| for |
| Supreme Logistics Transport Ltd |
| Supreme Logistics Transport Ltd (Registered number: 07265335) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 31 May 2016 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| Supreme Logistics Transport Ltd |
| Company Information |
| for the Year Ended 31 May 2016 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Supreme Logistics Transport Ltd (Registered number: 07265335) |
| Abbreviated Balance Sheet |
| 31 May 2016 |
| 31.5.16 | 31.5.15 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Debtors |
| Cash in hand |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
3 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| Supreme Logistics Transport Ltd (Registered number: 07265335) |
| Abbreviated Balance Sheet - continued |
| 31 May 2016 |
| The financial statements were approved by the Board of Directors on were signed on its behalf by: |
| Supreme Logistics Transport Ltd (Registered number: 07265335) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 31 May 2016 |
| 1. | ACCOUNTING POLICIES |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention and in |
| accordance with the Financial Reporting Standard for Smaller Entities (effective January |
| 2015). |
| Turnover |
| Turnover represents net invoiced sales of services, excluding value added tax. |
| Tangible fixed assets |
| Freehold property | - |
| Improvements to property | - |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Computer equipment | - |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but |
| not reversed at the balance sheet date. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to the profit and loss account on a |
| straight line basis over the period of the lease. |
| Freehold property |
| No depreciation has been provided on the freehold property, as the annual impairment |
| review revealed that the net realisable value of the property was well in excess of its cost |
| price at the balance sheet date. The policy is a departure from the specific requirement |
| of the Companies Act 2006 to provide depreciation on any fixed asset which has a |
| limited useful economic life. The departure from the Companies Act 2006 requirements is |
| for the overriding purpose of giving a true and fair view. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 June 2015 |
| and 31 May 2016 |
| DEPRECIATION |
| At 1 June 2015 |
| Charge for year |
| At 31 May 2016 |
| NET BOOK VALUE |
| At 31 May 2016 |
| At 31 May 2015 |
| Supreme Logistics Transport Ltd (Registered number: 07265335) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 31 May 2016 |
| 3. | CREDITORS |
| Creditors include the following debts falling due in more than five years: |
| 31.5.16 | 31.5.15 |
| £ | £ |
| Repayable by instalments | 89,821 | 94,759 |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.5.16 | 31.5.15 |
| value: | £ | £ |
| Ordinary | £1 |
| 5. | CONTROLLING PARTY |
| The company was controlled by its directors, who are also the shareholders, throughout |
| the period. |